Vancouver Realty Online

We are proud to present our Westside market reports for the period running from February 7th – February 14th courtesy susankeevil.com…

Westside Vancouver Attached Report February 7th – February 14th:

Westside sales conditions remained stable this week, again accounting for a larger portion of overall attached sales activity then the downtown neighbourhoods.  We saw 107 confirmed attached sales across Vancouver West this week (compared to 106 confirmed attached sales last week), with 55 confirmed attached sales or roughly 51% of overall sales activity falling on the Westside. Kitsilano remained the most popular area amongst buyers with 20 confirmed attached sales this week, well Fairview saw a decline in sales activity for the second consecutive week with just 9 confirmed attached sales (down from 12 confirmed attached sales previously).  Our sales to listing ratio remained tilted towards the supply-side with 55 confirmed attached sales to 93 new attached listings for a saturation rating of 59% across the Westside.

Please click HERE for the full article.

Westside Vancouver Detached Report February 7th – February 14th:

Westside detached supply surged this week after trending downward in the previous period, we saw 102 new detached listings across the Westside this week (up from 88 new detached listings previously).  Dunbar remained a really active area for sellers with 15 new detached sales this week (compared to 14 new detached listings last week) with Point Grey (12 new detached listings), Cambie (11 new detached listings), and Kitsilano (10 new detached listings) also having quite strong weeks on the supply side.

Please click HERE for the full article.

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from January 31st – February 7th courtesy susankeevil.com…

Downtown Attached Market Update January 31st – February 7th :

Attached listing supply downtown slowed down slightly this past week after posting steady gains through the two previous listing periods; we saw 116 new attached listings downtown this week (down from 128 new attached listings in the previous period), which accounted for 53% of the total 220 new attached listings across Vancouver West (also down slightly from the 227 new attached listings we saw overall last week).  Coal Harbour and False Creek North remained relatively active when compared to listing volumes we saw near the end of quarter 4 2010 as we saw 16 new attached listings in Coal Harbour this week, and 12 new attached listings in False Creek North.  The dense downtown core areas (including Gastown, downtown proper, and Yaletown) conitnued to be the most prevalent listing neighbourhoods with 63 new attached listings this week (down from 73 new attached listings in the previous week), which accounted for 54% of all downtown attached listing supply.  There remains a lack of options for entry level buyers downtown as entry level one and two bedroom properties remain in demand, especially in downtown core neighbourhoods like Yaletown.

Please click HERE for the full article.

We are proud to present our Westside market reports for the period running from January 31st – February 7th courtesy susankeevil.com…

Westside Vancouver Attached Report January 31st – February 7th:

Aggregate attached supply remained stable across Vancouver West this week as we saw 220 new attached listings (down slightly from the 227 new attached listings we had seen last week), though the Westside neighbourhoods actually posted supply gains, and consequently accounted for a larger portion of overall listing supply.  We saw 104 new attached listings across the Westside this week (up from 99 new attached listings in the previous period), which accounted for 47% of all new attached supply across Vancouver West (an increase from the 44% seen last week).  Kitsilano remained a very busy listing area for condo, townhouse, and multi-family properties with 31 new attached listings this week (up from 26 new attached listings previously).  Fairview also had a busy week with 21 new attached listings, well False Creek also posted gains with 11 new attached listings (up from 6 new attached listings last week).

Please click HERE for the full article.

Westside Vancouver Detached Report January 31st – February 7th:

Detached supply on the Westside took a step back this week after posting gains in the previous two periods, as we saw 88 new detached listings (down from the 97 new detached listings we saw previously).  Kitsilano continued to demonstrate supply growth with 11 new detached listings (up from the 8 new detached listings we saw last week), well Dunbar and Point Grey were also busy listing neighbourhoods with 14 new detached listings in Dunbar, and 11 new detached listings in Point Grey.  Shaughnessy (9 new detached listings) and Kerrisdale (8 new detached listings) also had fairly strong weeks on the supply side.

Please click HERE for the full article.

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from January 24th – January 31st courtesy susankeevil.com…

Downtown Attached Market Update January 24th – January 31st :

Confirmed attached sales volume downtown continued to trend upwards this week as we saw 53 confirmed attached sales (up from 42 confirmed attached sales in the previous period), which accounted for 63% of the 84 confirmed attached sales across Vancouver West.  Coal Harbour rebounded this week after posting sub-par sales figures previously with 9 confirmed attached sales (up from just 2 confirmed attached sales in the previous period).  The dense downtown core neighbourhoods (including Yaletown, Gastown, and downtown proper) continued to lead the way with 21 confirmed attached sales.  We expect sales conditions to continue to post positive gains as buyers and agents proceed to absorb the heightened supply conditions we’ve been experiencing since the first week of January.  Due to transaction time it often takes the market a bit of ‘lag time’ prior to seeing the sales figures move into relative equilibrium with increased supply volumes.  Thus, our sales to listing ratio remained aggregately tiled towards buyers, though there remains a lack of supply in regards to certain price points and square footage types with 53 confirmed attached sales to 128 new attached listings for a saturation rating of approximately 41% in the downtown neighbourhoods.

Please click HERE for the full article.